B2026

Part A : Core Studies (7 Units)

First, choose your first major.

If you are planning to study an Accountancy major, your 7 units in Part A will look different from those who are planning to study a major other than Accountancy

Second, you must take these seven core units:

Most of these units have a “1000” code indicating that they are first-year level units, except for ACW2220 that has a “2000” code indicating a second-year level unit. So, you should take these seven units in your first year of study (that is, the first two semesters of study).

You will notice a couple of things about this list.

Part A summary

Total of 7 units.

Part B: Major Studies (8 units)

In Part B you must complete what we call a “major”. A major is a set of eight units that concentrate on a single area of study. You can choose your major from the following list:

• Accountancy
• Banking and Financial Management
• Business Analytics
• Digital marketing
• Econometrics and Business Statistics
• Economics and Strategy for Business
• FinTech
• International Business Management
• Management
• Strategic Marketing
• Business and Commerce Studies (cannot be taken as a second major)

Each major has its own set of rules. You need to make sure that you follow the rules so you can count the major in your degree. If you don’t follow the rules of the major you won’t be able to graduate after three years. Please refer to the major handbook.

It sounds complicated, but it’s not really. Majors have two different components. Applicable in some majors.

• A “core” of compulsory units. All the majors in the degree have a core of compulsory units that you must study to complete the major. For some majors, the core is large: all eight units, so in these majors you have no choice, you must study all eight units in the list.

• Additional units. Some, but not all, majors have additional units, on top of the core. There is a list of additional units from which you can choose some, to complete the eight unit major. For example, if there are 5 compulsory core units, you will have to choose three additional units from the list. If there are 6 compulsory core units you will have to choose two additional units from the list. And, as we said in the point above, if there are 8 compulsory core units there is no list of additional units. Sometimes the list of additional units will have a mini-rule like “you must choose at least one 3000 level unit from the list.”

Sometimes students find it hard to decide which units in the additional unit list to study. To help you decide, read the unit handbook (just click on the unit code to take you to the link). You may also find it useful to get the views of other students who have already taken some of the units. And you can always ask questions in our briefing sessions. It's your choice, so you need to do some research to help you decide.

Part B summary

You must complete at least one major in your degree that is equivalent to 8 units and achieve a minimum 96 credit points from the Faculty of Business and Economics.

Part C: Capstone Studies (1 Unit)

You are required to complete the capstone units as they provide an advanced educational experience that integrates the various elements of your degree. All capstone units are coded at the 3000-level, so they should be undertaken in your final year of study, where applicable.

All Accountancy students must complete ACW3900: Global issues in accounting as their capstone unit.

Part D: Elective studies (8 Units)

This is the most adventurous part of the Bachelor of Business and Commerce because the choice is yours! Here you have 8 units of “electives'' which means that you can choose what you want to study. Let’s discuss some of the common choices that students make:

• Another major from the Bachelor of Business and Commerce.
  Many students study a second major so that they can graduate with a “double major”. If you want to do this, you need to plan early so you can start studying the units from your second major early. If you study a second major you need to follow the rules of the major as explained above.
  
  In your second major you may also find there is a 1000 level unit that you have already studied in Part A. You may also find that there is another 2000 or 3000 level unit that you have already studied in your first major. Because you have already completed these units, they become free electives in Part C: you can take any unit you want to fill these elective slots.

• A minor (or two minors) from the Bachelor of Business and Commerce
  You can also take a minor, or two, from the Bachelor of Business and Commerce. A minor is a set of 4 units that concentrate on a single area of study. You can choose your minor from the following list. Of course, you cannot take a minor in the same area of study as your major.
  
  You may find that your minor has a unit (or even two) that you have already studied in your first major. Because you have already completed these units, they become free electives in Part C: you can take any unit you want to fill these elective slots.
  • Accountancy minor
  • Banking and Financial Management minor
  • Business Law and Taxation minor
  • Business Analytics minor
  • Digital Marketing minor
  • Econometrics and Business Statistics minor
  • Economics and Strategy for Business minor
  • FinTech minor
  • International Business Management minor
  • Management minor
  • Strategic Marketing minor
  • Sustainability minor

• Free electives
  You can use the units in Part C as “free electives”. That means that you can take any Monash units, provided you meet any pre-requisite requirements or other limitations (such as enrolment caps). If you take a minor, you can combine a minor with four free electives. When you are choosing free electives you need to check that you don’t break two important degree rules:
  • You can only count ten 1000 level units in your degree (including the 7 you have completed in Part A and any additional 1000 level units in your major).
  • You must complete at least a total of six 3000 level units.

Part D summary

You must complete 8 additional units. This could be one major, or two minors, or a minor plus four free electives, or eight free electives.

Special Advice for students who want to complete an Accounting Major

Part A. Core Studies

You have to complete 7 units in Part A. In your first year, you will be completing the following core units:

• ACW1120 - Financial Accounting 1
• ACW2220 - Management Accounting 1
• BFW1001 - Foundations of finance
• BTW1042 - Business Law
• ECM1953 - Principles of economics
• ETW1001 - Introduction to Statistical Analysis
• MGW1010 - Introduction to Management

Accountancy students who plan to pursue Applied Economics as their second major must complete ECW1101 Introductory microeconomics and ECW1102 Introductory macroeconomics instead of ECM1953 Principles of Economics in Part A.

Part B.  Major Studies

To gain a major in Accountancy, you need to complete these 8 units:

• ACW2120 Financial Accounting 2
• ACW2420 Accounting Information Systems
• ACW3120 Financial Accounting 3
• ACW3220 Management Accounting 2
• ACW3620 Assurance and Audit Services
• BFW2140 Corporate finance 1
• BTW2213 Malaysian Company Law
• BTW3153 Malaysian Income Tax Law

The accountancy major under the BBusCom course is accredited/recognised by ACCA (the Association of Chartered Certified Accountants), Malaysian Institute of Certified Public Accountants (MICPA), CAANZ (Certified Accountants Australia and New Zealand), CPA Australia (Certified Practising Accountants Australia), Institute of Chartered Accountants in England and Wales (ICAEW), and Chartered Institute of Management Accountants (CIMA). To be exempted from some modules set by these professional bodies, you must complete all the units in the Accountancy major. Further information is available here.

Part C. Capstone Studies

You must complete ACW3900 as a Capstone unit for Accountancy Major.

Part D. Elective Studies

There are a number of different options for Part D of the degree. They are summarized here.

How will my unit/major selection impact on my exchange program

During your course, you can opt to study a semester or two at any one of Monash's partner universities or study at a Monash campus in Australia for one semester.

You are encouraged to plan for this early in your course, preferably in your first semester, as you will need some flexibility in your course structure if deciding to study in Australia or a partner university.

Studying at a Monash Australia campus is the most convenient as you will find that most units you need for your major (or minor) are also offered in Australia. Apart from the Faculty conditions, you would also need to check if the units you need for your major are offered while you are in Australia.

If you prefer to study at a partner university, the choice of units you can take at the partner university will be dependent if you are substituting it with a Monash compulsory core unit, unit contributing to your major, or free elective unit. There are faculty policies in determining how the partner university subjects are assessed and approved:

• For compulsory core units, an equivalency assessment will be made where the partner university subject will need to share an 80% or greater overlap in learning outcomes, content and assessment.
• Units required for your major offers some flexibility in equivalency assessment and will be determined by the Faculty. This will be approved if the partner university subject is judged to have sufficient equivalent content and equates to six Monash credits on its own or in combination with another host subject.
• The most frequently used type of unit by students who exchange to a partner university are free electives. These units offer flexibility in your choice of study while overseas and can be anything judged suitable for credit at an appropriate learning volume.

Regardless of your study abroad location of choice, you will find that a single major offers greater flexibility in your course plan as you will have more ‘free electives’ to undertake while overseas. The choice is ultimately yours and we encourage you to plan early.